Wilshire@lemmy.world to Not The Onion@lemmy.worldEnglish · edit-21 year agoRussia says it will halt foreign currency purchases and launch a digital ruble to keep the currency from spiraling furtherfinance.yahoo.comexternal-linkmessage-square16fedilinkarrow-up1104arrow-down14file-text
arrow-up1100arrow-down1external-linkRussia says it will halt foreign currency purchases and launch a digital ruble to keep the currency from spiraling furtherfinance.yahoo.comWilshire@lemmy.world to Not The Onion@lemmy.worldEnglish · edit-21 year agomessage-square16fedilinkfile-text
minus-squareafraid_of_zombies@lemmy.worldlinkfedilinkEnglisharrow-up6·1 year agoAlso means that a black market is more difficult. If the various LEOs had their way all money would be digital. As the currency falls people will start rejecting it. It is either Inflation, scary levels Price controls which will lead to shortages Transactions being completed in an illegal currency such as Euros or USD End the fucking war, rejoin the human race, and hope that you will he forgiven despite not being worthy of it.
Also means that a black market is more difficult. If the various LEOs had their way all money would be digital.
As the currency falls people will start rejecting it. It is either
Inflation, scary levels
Price controls which will lead to shortages
Transactions being completed in an illegal currency such as Euros or USD
End the fucking war, rejoin the human race, and hope that you will he forgiven despite not being worthy of it.